Solar developer Conergy has extended its bank guarantee facility with Tennenbaum Capital to US$75 million using funding from Goldman Sachs BDC in order to power an expansion of its solar business.
After dropping a series of strong hints – including those given in interviews with PV Tech Storage – Enphase has confirmed that its AC battery will be launched in Australia first.
Australia’s Clean Energy Finance Corporation (CEFC), the government body aiming to mobilise capital investment in the country’s renewable energy sector, has introduced an AU$250 million (US$175 million) financing programme for the development of large-scale solar.
Australia’s largest PV array, the 102MW Nyngan project in New South Wales, has delivered 60,000MWh of power to the national grid in its first three months of operation, the country’s renewable energy agency has said.
Enphase claims it has continued its “aggressive growth” into the Oceania region with the formation of a distribution agreement with a wholesaler, distributor and training and support company in New Zealand.
The number of small-scale solar PV panel installations on residential rooftops in Australia has reached 1,441,876, with 74,756 installed so far this year, according to Australia's Clean Energy Regulator.
The solar engineering, procurement and construction (EPC) arm of Sterling & Wilson, an Indian mechanical, electrical and plumbing services company, will install its first Philippines-based PV plant.
Australia has pledged to reduce greenhouse gas emissions by 26-28% by 2030, from 2005 levels, but the plans have been criticized by environmental campaigners for falling behind other countries.
